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Side-by-side financial comparison of EnerSys (ENS) and SELECT MEDICAL HOLDINGS CORP (SEM). Click either name above to swap in a different company.
SELECT MEDICAL HOLDINGS CORP is the larger business by last-quarter revenue ($1.4B vs $919.1M, roughly 1.5× EnerSys). EnerSys runs the higher net margin — 9.8% vs 4.5%, a 5.3% gap on every dollar of revenue. On growth, SELECT MEDICAL HOLDINGS CORP posted the faster year-over-year revenue change (5.0% vs 1.4%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (5.3% CAGR vs 0.5%).
EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
ENS vs SEM — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $919.1M | $1.4B |
| Net Profit | $90.4M | $63.8M |
| Gross Margin | 30.1% | — |
| Operating Margin | 13.5% | 6.9% |
| Net Margin | 9.8% | 4.5% |
| Revenue YoY | 1.4% | 5.0% |
| Net Profit YoY | -21.3% | -14.7% |
| EPS (diluted) | $2.40 | $0.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $919.1M | $1.4B | ||
| Q3 25 | $951.3M | $1.4B | ||
| Q2 25 | $893.0M | $1.3B | ||
| Q1 25 | $974.8M | $1.4B | ||
| Q4 24 | $906.2M | $1.3B | ||
| Q3 24 | $883.7M | $1.3B | ||
| Q2 24 | $852.9M | $1.3B |
| Q1 26 | — | $63.8M | ||
| Q4 25 | $90.4M | $20.2M | ||
| Q3 25 | $68.4M | $28.8M | ||
| Q2 25 | $57.5M | $40.6M | ||
| Q1 25 | $96.5M | $56.7M | ||
| Q4 24 | $114.8M | $-16.1M | ||
| Q3 24 | $82.3M | $55.6M | ||
| Q2 24 | $70.1M | $77.6M |
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.1% | — | ||
| Q2 25 | 28.4% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 32.9% | — | ||
| Q3 24 | 28.5% | — | ||
| Q2 24 | 27.9% | — |
| Q1 26 | — | 6.9% | ||
| Q4 25 | 13.5% | 4.6% | ||
| Q3 25 | 9.7% | 5.4% | ||
| Q2 25 | 9.7% | 6.5% | ||
| Q1 25 | 13.5% | 8.3% | ||
| Q4 24 | 15.7% | 1.6% | ||
| Q3 24 | 11.2% | 4.3% | ||
| Q2 24 | 10.7% | 5.8% |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 9.8% | 1.4% | ||
| Q3 25 | 7.2% | 2.1% | ||
| Q2 25 | 6.4% | 3.0% | ||
| Q1 25 | 9.9% | 4.2% | ||
| Q4 24 | 12.7% | -1.2% | ||
| Q3 24 | 9.3% | 4.4% | ||
| Q2 24 | 8.2% | 6.1% |
| Q1 26 | — | $0.35 | ||
| Q4 25 | $2.40 | $0.17 | ||
| Q3 25 | $1.80 | $0.23 | ||
| Q2 25 | $1.46 | $0.32 | ||
| Q1 25 | $2.39 | $0.44 | ||
| Q4 24 | $2.88 | $-0.12 | ||
| Q3 24 | $2.01 | $0.43 | ||
| Q2 24 | $1.71 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $450.1M | $25.7M |
| Total DebtLower is stronger | — | $1.8B |
| Stockholders' EquityBook value | $1.9B | $2.1B |
| Total Assets | $4.0B | $6.0B |
| Debt / EquityLower = less leverage | — | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $25.7M | ||
| Q4 25 | $450.1M | $26.5M | ||
| Q3 25 | $388.6M | $60.1M | ||
| Q2 25 | $346.7M | $52.3M | ||
| Q1 25 | $343.1M | $53.2M | ||
| Q4 24 | $463.2M | $59.7M | ||
| Q3 24 | $407.9M | $191.5M | ||
| Q2 24 | $344.1M | $111.2M |
| Q1 26 | — | $1.8B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.6B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.9B | $1.7B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.9B | $1.7B | ||
| Q1 25 | $1.9B | $1.7B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.8B | $1.4B |
| Q1 26 | — | $6.0B | ||
| Q4 25 | $4.0B | $5.9B | ||
| Q3 25 | $4.1B | $5.7B | ||
| Q2 25 | $4.1B | $5.7B | ||
| Q1 25 | $4.0B | $5.7B | ||
| Q4 24 | $4.0B | $5.6B | ||
| Q3 24 | $4.0B | $8.0B | ||
| Q2 24 | $3.6B | $7.9B |
| Q1 26 | — | 0.88× | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | 0.57× | 1.03× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 2.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $184.6M | — |
| Free Cash FlowOCF − Capex | $171.3M | — |
| FCF MarginFCF / Revenue | 18.6% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | 2.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $441.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $184.6M | $64.3M | ||
| Q3 25 | $218.0M | $175.3M | ||
| Q2 25 | $968.0K | $110.3M | ||
| Q1 25 | $135.2M | $-3.5M | ||
| Q4 24 | $81.1M | $125.4M | ||
| Q3 24 | $33.6M | $181.0M | ||
| Q2 24 | $10.4M | $278.2M |
| Q1 26 | — | — | ||
| Q4 25 | $171.3M | $5.2M | ||
| Q3 25 | $197.1M | $122.2M | ||
| Q2 25 | $-32.1M | $45.6M | ||
| Q1 25 | $104.9M | $-55.8M | ||
| Q4 24 | $56.8M | $62.0M | ||
| Q3 24 | $3.3M | $130.3M | ||
| Q2 24 | $-25.7M | $222.6M |
| Q1 26 | — | — | ||
| Q4 25 | 18.6% | 0.4% | ||
| Q3 25 | 20.7% | 9.0% | ||
| Q2 25 | -3.6% | 3.4% | ||
| Q1 25 | 10.8% | -4.1% | ||
| Q4 24 | 6.3% | 4.7% | ||
| Q3 24 | 0.4% | 10.2% | ||
| Q2 24 | -3.0% | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 4.2% | ||
| Q3 25 | 2.2% | 3.9% | ||
| Q2 25 | 3.7% | 4.8% | ||
| Q1 25 | 3.1% | 3.9% | ||
| Q4 24 | 2.7% | 4.8% | ||
| Q3 24 | 3.4% | 4.0% | ||
| Q2 24 | 4.2% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.04× | 3.19× | ||
| Q3 25 | 3.19× | 6.09× | ||
| Q2 25 | 0.02× | 2.72× | ||
| Q1 25 | 1.40× | -0.06× | ||
| Q4 24 | 0.71× | — | ||
| Q3 24 | 0.41× | 3.25× | ||
| Q2 24 | 0.15× | 3.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
SEM
Segment breakdown not available.
